The Taxman Unlocks the Private Club

High earners with an eye to the "fiscal cliff" in January are making decisions, and fast. Liam Denning reports on Markets Hub.

This transcript has been automatically generated and may not be 100% accurate.

... I ... star Wars Darth metering and fiscal cliff which is that the key usually twinkle together he definitely didn't explain house to house comm to get ... well what we've seen is enough to ... be in the numbers of ... privately owned businesses the bezel in and not listen so it's time to time to fly on the radio some very weak ... Lucasfilm's and Tumpel has been self fulfilling boxes Thompson implied ... George Lucas of Micra songs ... um we've also seen the telecom unit's Petroleum which is being talked about ... being sold possibly three billion this year has seen a few others on ... what it did was the one that ... actually some figures and that you know has been a real opting in the number of companies selling out ... and why is that ... what you think about these companies there often launch QE and five it found its own families so attractive and trucks something about nature ... and done the TPP own them for a long time ... you may be thinking about the Mana ties in that we will not ... value the built up over the years ... UN done what these guys have to consider is that if we see the uptick in caps gains tax and generate come ... from something ... it's it's it's normally done from fifteen to twenty percent if you're a high-end I'm with us on the taxes coming in as our health care reform that it goes was twenty five percent ... ten percent is some debt to capital gains tax rate jumped forty percent which is a pretty big hit ... um so ... that I think is in Carson some of these guys to ... to think about accelerates myself getting it done before the deadline so maybe we could see more activity in this area between down over the next six or seven weeks absolutely nothing has come within a couple of things to consider you know some these ... guys may be thinking ... not only ... will we see the tax rate to lock the next seat can also see the economy tanking hit if the fiscal cliff transpires ... which will tend to bring down the value of companies he can actually get to see ways designed to wipe ... the other thing that's helping I think these ... private equity is out and then having a difficult on mining companies in the public market in the way they did before the financial crisis lawsuit because ... they come to the same amount of lending ... so if you look of these private companies who want to sell who want to Mana ties ... that such a natural area for them to plan what I've seen him that they say is that ... deals to date this year with private companies product is accounted for about sixty percent of those about three hundred billion ... in the small than the last two years combined walk ... now get good deals actually have to close by the year-end or is just announcing the agreement good enough to to take advantage of any some money nice to change to the site doesn't change themselves or action running up against that I've been on a silly have until December thirty first for the right to be the thing with a private company isn't actually it's it's a lot easier to sell because if you think about it you know dealing with ... multiple shareholders you don't have to go on have fun you know dealing with things like the SCC we have to do with you know what happens sometimes with a fifty seven not to think so it should be ... it's it's it's quicker to close the scales in your research to decompose any private companies now that might fit this category there might hear about some the merger activity between Almuni the year was actually pretty difficult to focus in on the company's itself because all of the seabed of Paul Ryan of numbers ... I would say what's interesting is that ... just cannot Seagate's Petroleum ... of the oil and gas sector is a prime candidate for this we saw KK on to beat the Wall Street fat lessons of the year though the comical Sampson Investments ... with the seven billion dollars deal ... and ... the All sect isn't is a good candidate ... probably because I eat the wrong lots ... of these family and businesses have been built up and he is ... to these cars look for the new they think in the Mana ties in the business ... as a development this is the most of the need to raise a lot more money to keep doing that and some of them for them I think it's not really saving